TBG Industries to buy COMSAT's RSI unit for $116.5 million

COMSAT Corp., Bethesda, Md., has signed a stock purchase agreement to sell its COMSAT RSI Inc. (CRSI) unit to a subsidiary of TBG Industries Inc. for $116.5 million. Operations at CRSI, which makes and integrates satellite Earth stations and wireless and advanced antenna systems, were discontinued...

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